Yikes $550 a month for 84 months? That wasn't a very smart purchase lolCar Payment: $550 a month for 84 months (I owed a lot more on my trade than it was worth)
Insurance: $130 a month full coverage
Gas: $160 (gas is expensive in Canada lol comes out to be more than $4/gallon if converted)
Total: $840
Lol yea but I needed a new car as mine was giving me problems that would have cost me way too much to repair. The car I traded in was a base model car which was discontinued a few years ago so it wasn't worth much on trade and I still owed a fair bit. I bought that back when I was still in college so I opted at the time for the cheapest monthly payment on it, which was an 8 year deal. I still had 3 and a half years left on that car. Luckily I did get the dealer to throw in a bunch of freebies in the negotiation of the deal. I get the full 7 year 130k warranty at less than half price, free tint and free winter tires. Owner comfort package, rust and undercoat both for half price. And they also sent my car to be ceramic coated with the lifetime warranty coating at no charge. And to make things even more worth it, my insurance went down by 50 bucks a month and I save at the very least 60 bucks a month on gas compared to the old car. So for me I feel it was well worth it. Got into a more reliable car with good warranty coverage and it is decently equipped compared to the base model junker I had before. It sounds expensive but it was within my budget and I plan to keep this car for as long as I can.Yikes $550 a month for 84 months? That wasn't a very smart purchase lol
Just redid the math. Monthly car payment is actually closer to 475 a month. Payments are weekly so I had to calculate what it would be a month and apparently I can't do simple math in my head anymore lol.Yikes $550 a month for 84 months? That wasn't a very smart purchase lol